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Apr 22, 2013
04/13
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not a new tax, taxes that are already owed from everybody who owes the tax so that you can -- so that you can lower your tax raid for everybody, you're free to decide that. that was the argument that art laffer made in "the wall street journal" on last week. now, art laffer was president reagan's favorite economist. that's the point he made. states have the right to be right. he said this, states have the right to be wrong. but if tennessee or throw or any state can lower -- can collect taxes from everybody who owes it, it can lower the tax rate for everybody. that's why so many conservative leaders support this. art laffer, art cardenis, chairman of the american conservative union, governor mitch daniels, almost all the republican governors support this. but all we're deciding here in this two-page bill -- 11-page bill is two words -- do we respect states' rights to decide their own tax policy, do we respect states' rights as the tenth amendment suggests we do? as far as regular order, i wish the finance committee had reported a bill. this legislation was first introduced in some for
not a new tax, taxes that are already owed from everybody who owes the tax so that you can -- so that you can lower your tax raid for everybody, you're free to decide that. that was the argument that art laffer made in "the wall street journal" on last week. now, art laffer was president reagan's favorite economist. that's the point he made. states have the right to be right. he said this, states have the right to be wrong. but if tennessee or throw or any state can lower -- can...
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Apr 23, 2013
04/13
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some counties have different taxes that they add on to their sales tax or they have a municipal tax. and they're saying that will be 9,600 different tax codes, it's almost impossible. for anyone to participate in this piece of legislation, they have got to make a decision on one of those five, five criteria i just mentioned. that brings the tax code down to 46. it simplifies it. so that argument doesn't hold either, the complication of 96, and i know it's been used with our good friend from new hampshire. the beauty of a state without a sales tax that doesn't want to participate, they don't have to. that's the beauty of it. they don't have to. they don't have to participate. they don't have to collect the sales tax from their people, as i said earlier. so they had that option. i know the arguments against the legislation, but again i would say they are just wrong. some critics say this is a tax increase. that's wrong. if i'm paying 6% in west virginia, would i go to a store in fairmont, charleston, huntington, martinsburg, greenbrier, lewisburg, wherever go, it's the same 6%. the onl
some counties have different taxes that they add on to their sales tax or they have a municipal tax. and they're saying that will be 9,600 different tax codes, it's almost impossible. for anyone to participate in this piece of legislation, they have got to make a decision on one of those five, five criteria i just mentioned. that brings the tax code down to 46. it simplifies it. so that argument doesn't hold either, the complication of 96, and i know it's been used with our good friend from new...
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Apr 22, 2013
04/13
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use taxes. furthermore, the creation of this new enforcement scheme will create significant new incentives for states to establish new sales taxes and new use taxes and also to increase the tax rates that exist now for these particur items. ultimately, the marketplace fairness act is going to require consumers to pay an additional $22 billion in sales taxes they have never had to pay before. in fact, unless the u.s. pursues ngents to govern theteonal et economy, the types of arrangements sought by chierch d a host of other states, foreign internet retailers will only continue to have the carpet testify advantage -- competitive advantage that the marketplace fairness act would artificially provide them. that, mr. president, is not what the moron economy needs. that's not what what's going to promote online innovation in vavment irhope my colleagues will oppose this marketplace fairness act. it is premature. it is more than anything else, mr. president -- it is coercive. it is coercive. now, we're
use taxes. furthermore, the creation of this new enforcement scheme will create significant new incentives for states to establish new sales taxes and new use taxes and also to increase the tax rates that exist now for these particur items. ultimately, the marketplace fairness act is going to require consumers to pay an additional $22 billion in sales taxes they have never had to pay before. in fact, unless the u.s. pursues ngents to govern theteonal et economy, the types of arrangements sought...
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Apr 24, 2013
04/13
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it is a question of sales tax or no sales tax. what the oregonians suggested to us is what they consider to be a perfect solution. remove any requirement for their internet retailers to collect sales tax from anybody. therefore, there be no federal mandate. well, let me remind them. there is no federal tax in this bill. there is no new tax in this bill. state and local, or federal. all we're asking for is the basics. the oregonians want to sell in an adjoining state like california, they'll collect the sales tax owed to california and pay it back. then i listened to him describe how onerous this would be. right now ebay, which is no friend of this bill, ebay offers a service available to businesses that they can buy that will tell them the exact sales tax to be collected based on your zip code and address, and that service cost -- listen to this onerous cost -- $15 a month. $15 a month. if you want to go to the highest cadillac version, $140 a month, less than $2,000 a year. incidentally, in our bill, we require the states that ar
it is a question of sales tax or no sales tax. what the oregonians suggested to us is what they consider to be a perfect solution. remove any requirement for their internet retailers to collect sales tax from anybody. therefore, there be no federal mandate. well, let me remind them. there is no federal tax in this bill. there is no new tax in this bill. state and local, or federal. all we're asking for is the basics. the oregonians want to sell in an adjoining state like california, they'll...
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Apr 23, 2013
04/13
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not a tax. it's about taxes already owed. taxes already owed. not a federal tax. state taxes already owed. sales taxes and use taxes, that's all we're talking about. are we telling any state they must do this or must do that? no. we're saying to states we're simply affirming the spirit of the 10th amendment, which says you have the right to decide for yourself, mr. governor, ms. legislator, what your state tax structure ought to be. up to you if you want to just have some people pay the sales taxes and use taxes that are owed and other people not pay them, that's up to you too. that's your business. but this is a states' rights 10th amendment decision that leaves to the state this ability. i wanted to talk mostly about what we're talking about. we're talking about what happens when you buy something online from a catalog and the local store, and making sure that states are able if they wish to treat all businesses in the same way. now, that's why so many conservative leaders, as they have understood this bill, have come to support it. this is a rarity in the unite
not a tax. it's about taxes already owed. taxes already owed. not a federal tax. state taxes already owed. sales taxes and use taxes, that's all we're talking about. are we telling any state they must do this or must do that? no. we're saying to states we're simply affirming the spirit of the 10th amendment, which says you have the right to decide for yourself, mr. governor, ms. legislator, what your state tax structure ought to be. up to you if you want to just have some people pay the sales...
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Apr 19, 2013
04/13
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the process would take 13 years and applicants would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl immigration in the future, you're in denial about the demographics. and to those who say this costs more to take people out of the shadows and put them a legal status where they pay taxes, you've certainly lost me. that makes no sense. >> warner: for more now we turn to illinois democrat dick durbin, the majority whip in the senate sand a member of the so-called gang of eight. welcome, senator durbin. you all have been working on this non-stop since the start of this congress. how hard was this to forge this compromise? >> this wasn't easy. you know, you have eight willful members of the u.s. sen
the process would take 13 years and applicants would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. but before that system can even be set up certain security goals must be met, including improvements to the border fence. one member of the group, senator lindsey graham of south carolina said failing to change the nation's immigration system would be economicide ice oly waymera loses is to do nothing. and to the who bieveat we don'tl...
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Apr 24, 2013
04/13
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no federal tax, new tax. only the collection of existing state sales taxes. that's all we're asking for. now, our opposition comes from several quarters, but primarily from no-sales-tax states like oregon, montana, new hampshire. those senators from those states where they pay no sales tax whatsoever would not even require their internet serls to collect -- sellers to collect sales tax on sales made in other states. at the end of the day if marketplace fairness act passes, the citizens of oregon will not pay one penny in sales tax more -- they pay none -- nor will the citizens of montana, delaware, or alaska. the state law prevails. we coapt don't change it at all. but to suggest you can sit in oregon as an internet retailer and sell into other states at a disadvantage to the local businesses, not collect sales taxes, is unfair. and what we ao achieve here is fairness and balance. we have obviously the major retailers across america supporting this but more. we have units of government that are now not receiving the sales tax seats from internet -- receipts f
no federal tax, new tax. only the collection of existing state sales taxes. that's all we're asking for. now, our opposition comes from several quarters, but primarily from no-sales-tax states like oregon, montana, new hampshire. those senators from those states where they pay no sales tax whatsoever would not even require their internet serls to collect -- sellers to collect sales tax on sales made in other states. at the end of the day if marketplace fairness act passes, the citizens of...
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Apr 21, 2013
04/13
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CNNW
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. [ female announcer ] from more efficient payments. ♪ to more efficient pick-ups. ♪ wireless is limitless. ♪ from tracking the bus. ♪ to tracking field conditions. ♪ wireless is limitless. >>> remembering the victims of the violence here in boston. three were killed from the blast from the bombings and sean collier was shot and killed thursday night while sitting in his car. >> and police officers and firefighters from all around the boston area saluted officer collier as a hearse drove his body to a funeral home yesterday. it's not clear why one of the
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be...
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Apr 22, 2013
04/13
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. >>> and the senate may vote today on a bill to let states collect sales tax on all online purchases. though ebay ceo has reportedly been recruiting users to rally against the measure. >>> and gas prices could drop another 20 cents by memorial day. it's due to falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. richard? >> we will take that. thank you so much. >>> here are other stories we're keeping an eye on for you. if you're traveling by air today, allow a little more time. it's the first weekday with a 10% slash to the nation's air traffic controller work force. the furloughs went into place last night as part of the so-called sequester. delays were mostly nonexistent on sunday except for waits of up to an hour in and around new york and los angeles. but the real test begins today. the furloughs will last through september and are expected to save about $200 million. >>> the u.s. is on the offense when it comes to china and cybersecurity. "the wall street journal" reporting the obama administration is considering several aggressive
. >>> and the senate may vote today on a bill to let states collect sales tax on all online purchases. though ebay ceo has reportedly been recruiting users to rally against the measure. >>> and gas prices could drop another 20 cents by memorial day. it's due to falling oil prices and continued weak energy demand. good news for drivers looking to hit the road. richard? >> we will take that. thank you so much. >>> here are other stories we're keeping an eye on for...
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Apr 24, 2013
04/13
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this is not a new tax. it is in the a different tax. it is in the a tax we're applying to anybody. it is a mechanism for the collection of a tax that has been owed for over 20 years by people buying retail purchases in your states from people who sell out of state. i commend the leadership on the legislation. i hope everybody will bring their amendments to the floor. i don't know if there is any need for them. i hope we can send a clear message that we're prepared to let our local and state governments collect the tax that is owed to them and has been owed to them. my state of georgia's governor led a major tax reform package in my state that passed with only one dissenting vote. it reformed taxes on utilities for manufacturing to attract business to our state. it reformed our income tax code. it reformed a lot of our taxes but it also passed legislation consistent with the marketplace fairness act, so we can finally collect a tax that has been owed for a long, long time in our state. as a real estate guy, as someone who used to lease retail space in shopping centers and on corners
this is not a new tax. it is in the a different tax. it is in the a tax we're applying to anybody. it is a mechanism for the collection of a tax that has been owed for over 20 years by people buying retail purchases in your states from people who sell out of state. i commend the leadership on the legislation. i hope everybody will bring their amendments to the floor. i don't know if there is any need for them. i hope we can send a clear message that we're prepared to let our local and state...
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Apr 18, 2013
04/13
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united states and pay your taxes. you won't qualify for any federal benefits -- no welfare, no obamacare, no food stamps -- but you will have a chance to work and you will no longer have to hide. you are going to have to remain in that system for six years and then go back and get your permit renewed. it is not a permanent grant of a temporary status. it is a temporary grant of a temporary status. in six years you have to apply again. when you reapply, not only do you have to pay another fine and another application fee, but you're going to have to prove you've been paying taxes the last six years and you're gainfully employed in a way that means you're not going to wind up onubli assuming your permit is renewed, after ten years has gone by, if f e-verify is in have been place, if the entry et syste ice,he onlyhing that happens is you are given a clans to apply for a green card l everybody else does. not a special process. you're at the back of the line. evyone who applied before you legally goes first. the only thing
united states and pay your taxes. you won't qualify for any federal benefits -- no welfare, no obamacare, no food stamps -- but you will have a chance to work and you will no longer have to hide. you are going to have to remain in that system for six years and then go back and get your permit renewed. it is not a permanent grant of a temporary status. it is a temporary grant of a temporary status. in six years you have to apply again. when you reapply, not only do you have to pay another fine...
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Apr 21, 2013
04/13
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MSNBCW
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. \ s creating tens of thousands of new businesses, >>> thank you all very much. i think i speak for everybody when i say this has been a particularly tough week, a terrible story riveted the nation, events moved quickly. there is much more to learn about why this happened and more time is necessary, certainly is, to heal from it. we all learned what it means to be boston strong. and we, again, remind our selves how precious life is particularly when it's lost. through it all we can reflect on this powerful image from one of the victims, 8-year-old martin richard, who made this sign for class about a year ago. no more hurting people. peace. that's all for today. we'll be back next week. if it's sunday, it's "meet the press."
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. \ s creating tens of thousands of new businesses, >>> thank you all very much. i think i speak for everybody when i say this has been a particularly tough week, a terrible story riveted the nation, events moved quickly. there is much more to learn about why this happened and more time is necessary, certainly is, to heal from it. we all learned what it means to be...
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Apr 18, 2013
04/13
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who say this costs more to take people out of the shadows and put them a legal status where they pay taxes, you've certainly lost me. that makes no sense. >> warner: for more now we turn to illinois democrat dick durbin, the majority whip in the senate sand a member of the so-called gang of eight. welcome, senator durbin. you all have been working on this non-stop since the start of this congress. how hard was this to forge this compromise? >> this wasn't easy. you know, you have eight willful members of the u.s. senate-- four from each party-- each with a point of view and we came together determined to put together a comprehensive immigration bill task which has eluded other senators inhe t recent past. we got it done. it's an 848 page bill. it's a good offering, athisprove a lot of different facets. >> give us a flavor of what was it was like in that room. i gather you had something like 24 meetings. >> well, there were nice kind and quiet meetings and more eruptive meetings. as i said today to john, i said mount mccain erupted a few times but fortunately no one was injured and we got b
who say this costs more to take people out of the shadows and put them a legal status where they pay taxes, you've certainly lost me. that makes no sense. >> warner: for more now we turn to illinois democrat dick durbin, the majority whip in the senate sand a member of the so-called gang of eight. welcome, senator durbin. you all have been working on this non-stop since the start of this congress. how hard was this to forge this compromise? >> this wasn't easy. you know, you have...
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Apr 24, 2013
04/13
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people to pay taxes. i cannot recall everything he said, but it spoke of hypocrisy. i don't know. i did you are for it or against it, but you should be the same viewpoint and carry on the same kind of methodology. it should bethat paid because there should be an equal platform between internet businesses and brick-and-mortar businesses. there should not be the huge disadvantage. if people want all these government benefit programs and they cried about paying taxes, why should they fret? there should be no democrats saying they don't want the tax. host: this is the editorial section of usa today -- next to their opinion is one written by the vice president and deputy general counsel of government relations at ebay. ebay would like the exemption to be for businesses with 50 than $10 or less million. so there is an exemption for small businesses. ebay would like it to be higher. we will go to gary knell in cameron, north carolina, who supports the legislation. caller: i do. because i don't think it's fair. p
people to pay taxes. i cannot recall everything he said, but it spoke of hypocrisy. i don't know. i did you are for it or against it, but you should be the same viewpoint and carry on the same kind of methodology. it should bethat paid because there should be an equal platform between internet businesses and brick-and-mortar businesses. there should not be the huge disadvantage. if people want all these government benefit programs and they cried about paying taxes, why should they fret? there...
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Apr 23, 2013
04/13
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this bill does not create new taxes or increase existing tax taxes. instead, the bill will help states and cities collect billions in unpaid taxes already owed, reducing the need to raise new taxes on tax compliant businesses and citizens. indeed, yesterday i was with my governor and he indicated that if we could pass this at the federal level and allow the state of rhode island to collect approximately $70 million a year, he would propose a reduction in our sales tax, which would benefit all the people in rhode island and also benefit the businesses in rhode island because they would have a smaller sales tax margin to pay. so this is a proposal that i think is not only necessary, it's long overdue. in 2012, as i've indicated, rhode island estimated it lost approximately $70 million in uncollected revenue. the revenue was legally owed but because of this loophole, it went uncollected. this puts pressure on individuals and businesses that play by the rules. indeed, if the marketplace fairness act becomes law, rhode island has provisions in state law, a
this bill does not create new taxes or increase existing tax taxes. instead, the bill will help states and cities collect billions in unpaid taxes already owed, reducing the need to raise new taxes on tax compliant businesses and citizens. indeed, yesterday i was with my governor and he indicated that if we could pass this at the federal level and allow the state of rhode island to collect approximately $70 million a year, he would propose a reduction in our sales tax, which would benefit all...
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Apr 22, 2013
04/13
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increase it is deficit reduction without a tax increase. i think it is the kind of deficit reduction that we can get bipartisan support for in the country. what about public education? public schools don't teach children how to read english marry well and don't teach american history. it is being worked on a state- by-state, but that is the problem for kids who are born here as well as everybody else in terms of the quy of ucey getting. bill clinton worked with the republican congress to reform aid to families with dependent children. none of those are arguments for getting in the way of immigration before. then there's the question of entitlement. the entitlement system is out of whack and needs to be reformed. let's reform public education and the welfare system, but let's move forward now on immigration reform as well. thank you. >> thank you very much. you talked aboutany .mmigrants who are not legal they have no legal recourse when something happens, if they are $20 and youpay you have no legal recourse. my wife is a registered nurse.
increase it is deficit reduction without a tax increase. i think it is the kind of deficit reduction that we can get bipartisan support for in the country. what about public education? public schools don't teach children how to read english marry well and don't teach american history. it is being worked on a state- by-state, but that is the problem for kids who are born here as well as everybody else in terms of the quy of ucey getting. bill clinton worked with the republican congress to reform...
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Apr 18, 2013
04/13
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cutting spending in the tax code. then i think it also keeps promises to people, it to those that were part of their whole life and want nothing more than a secure retirement. and our veterans to whom we have made promises as the have donned the uniform and fought for the country. host: what about the issue of gut: i start with the very basic notion that social security has not contributed one penny to the current deficit or it should not be on the table in similarly, to be concerned about thloerm solvency of so-so -- social security. retirement security is a real question mark for many american let's look at the real contributors to our deficit and debt as we try to tackle those challenges. and host: two final questions before we go to calls. this is another article from the hill. why were you left off the list of the 12 senators that went to dinner? guest: i have no idea, but i have been very pleased with the president's increase -- increase out reach to the senate and a house. that dialogue is essential to making p
cutting spending in the tax code. then i think it also keeps promises to people, it to those that were part of their whole life and want nothing more than a secure retirement. and our veterans to whom we have made promises as the have donned the uniform and fought for the country. host: what about the issue of gut: i start with the very basic notion that social security has not contributed one penny to the current deficit or it should not be on the table in similarly, to be concerned about...
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Apr 17, 2013
04/13
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the clerk: s. 743, a bill to restore state sovereign rights to enforce state and local sales and use tax laws and for other purposes. mr. reid: mr. president, i would object to any further proceedings in regard to this bill. the presiding officer: objection having been heard, the bill will be placed on the calendar. mr. reid: mr. president, today this august body will honor the memory of 20 first-grade children, little babies who were gunned down, most of them shot multiple times. we will also honor the teachers and administrators who were killed that day in newtown, connecticut. but we're also going to honor with this legislation tens of thousands of others who were killed by guns each year here in america. we're going to do that by voting on a number of measures to strengthen the laws to prevent gun violence in this nation. mr. president, the families of innocents killed in newtown, aurora, in carson city, blacksburg, in oak creek and columbine really deserve these votes. where do i stand on these democratic proposals? this afternoon the senate will vote on a compromised background che
the clerk: s. 743, a bill to restore state sovereign rights to enforce state and local sales and use tax laws and for other purposes. mr. reid: mr. president, i would object to any further proceedings in regard to this bill. the presiding officer: objection having been heard, the bill will be placed on the calendar. mr. reid: mr. president, today this august body will honor the memory of 20 first-grade children, little babies who were gunned down, most of them shot multiple times. we will also...
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Apr 21, 2013
04/13
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if you are not insured, it will impact your tax return beginning with the tax year 2014 and beyond. >> today's decision was a victory for people all over this country. >> this is about freedom of choice. >> medicare -- >> taxes going up on everybody. >> affordable insurance. >> the obama care program -- >> all of of the political noise surrounding the implementation of the affordleable care act has obscured the finer points about how the new law might affect each one of us. >> the irs is going to play a lot of roles. >> cath ra -- catherine tear is head of the california home health care agency. you talk about health care and taxes which are not anybody's favorite subjects and we are putting them together p. >> reporter: they will also i issue subsidies through free health care exchanges, but it is tirs' enforcement action that could impact millions of people whether they know it or not. >> starting in 2014 people are going to be required to have health insurance coverage there. are some exceptions, but for people who are required, if they don't have insurance coverage, they will have
if you are not insured, it will impact your tax return beginning with the tax year 2014 and beyond. >> today's decision was a victory for people all over this country. >> this is about freedom of choice. >> medicare -- >> taxes going up on everybody. >> affordable insurance. >> the obama care program -- >> all of of the political noise surrounding the implementation of the affordleable care act has obscured the finer points about how the new law might...
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Apr 24, 2013
04/13
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and paying of taxes. if the language has to be theified that is what committee processes 4. >> thank you, there's more that we could ask but i see that my time has expired. >> thank you very much. thank you very much. >> thank you. a wanted to thank you very much. this is a broad reaching portion. i'm grateful for you doing your very best, particulate at this time when we open this hearing for reflections on the tragedies in boston and west texas. assurance can negus of islam to great the ability to perform custom issues? >> this is to make sure that the additional activities are defined. this'll help the economy grow and every state. employment verification, making more visas available on a permanent and temporary worker basis, this will help the economy grow in every state. >> there has been some discussion about discretion. under current practice they use the authority very sparingly. it said is have shown roughly 1% of all cases. how much more should we expect the department to exercise discretion? >>
and paying of taxes. if the language has to be theified that is what committee processes 4. >> thank you, there's more that we could ask but i see that my time has expired. >> thank you very much. thank you very much. >> thank you. a wanted to thank you very much. this is a broad reaching portion. i'm grateful for you doing your very best, particulate at this time when we open this hearing for reflections on the tragedies in boston and west texas. assurance can negus of islam...
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Apr 24, 2013
04/13
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>> an applicant for rpi statue may not file on application unless the individual has satisfied all tax obligations to the irs. if the alien was authorized to work in the u.s., with those have been collected? they were not big of a rise, it was a significant restriction. >> the intent of the bill is to make sure any people moving to rpi is paying all taxes. if the language has to be clarified, that is what the committee process is for. >> thank you very much. i see my time is expired. thank you very much. >> thank you. i wanted to thank you very much. this is a broad reaching portion. i'm grateful for you doing your very best, particulate at this time when we open this hearing for reflections on the tragedies in boston and west texas. i am from the mid-atlantic, what assurance can negus of islam to -- what assurance could you give us that comprehensive immi ther dn reform won;''t furhter d egrade the ability to perform custom issues? >> this is to make sure that the additional activities are defined.-- and fees and fines an thd the like. this'll help the economy grow and every state. >>
>> an applicant for rpi statue may not file on application unless the individual has satisfied all tax obligations to the irs. if the alien was authorized to work in the u.s., with those have been collected? they were not big of a rise, it was a significant restriction. >> the intent of the bill is to make sure any people moving to rpi is paying all taxes. if the language has to be clarified, that is what the committee process is for. >> thank you very much. i see my time is...
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Apr 19, 2013
04/13
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they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of preparing for hearings today, the members on that tradition in committee who were not part of the gang of eight are working to try to read through the whole bill in time during it is a bit of direct process. in terms of how it came toth, e grp of lawmakers has been meeting sce after the el to start thinking about how twaedimgr mbshf p s shted. the senator from utah was involved in talks but ultimatel decided not to go along with the direction of the game because he had concerned about the direction of citizenship. it really came together in february when marco rubio signed on, re
they will pay a fine and start paying taxes. it will not qualify for federal benefits. if we all wish we did not have this problem, but we do and we have to fix it. leading kings the way they are is the real amnesty. things theleaving way they are is the real amnesty. host: on twitter -- give us a sense of the size of the bill. guest: 844 pages. initial estimates were that it would be as much as 1500 pages. large billl been a for a lot of the legislative aides, hill to look through. in terms of...
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Apr 17, 2013
04/13
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FOXNEWSW
tv
eye 157
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now she taxing the rain. next week he is going to tax the sun. [ laughter ] >> bill: you monica, have a beef with president obama paying 18%? >> two things. first of all. >> bill: it's 43 combo. >> waited a minute. he takes aggressive deductions which is what all americans do but his talk about paying your fair share never pays one cent nor. >> bill: we don't know any politicians that do that. he has paid a lot of money to charity. >> two points. number one in terms of charity, that is nice, i'm glad he does it. he should be voluntarily setting an example bumping up his contributions --. >> bill: i like the charity thing. >> money we pay in taxes is percentage of how much money we make is lower that is spent since 1955. >> bill: there is more money coming in to the feds than ever before. >> that is not the issue. you are complaining about people paying too much in taxes. we are paying less in taxes than we paid in decades. >> bill: because there is more individual taxes. you are doing as you always do, sleigh
now she taxing the rain. next week he is going to tax the sun. [ laughter ] >> bill: you monica, have a beef with president obama paying 18%? >> two things. first of all. >> bill: it's 43 combo. >> waited a minute. he takes aggressive deductions which is what all americans do but his talk about paying your fair share never pays one cent nor. >> bill: we don't know any politicians that do that. he has paid a lot of money to charity. >> two points. number one...
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127
Apr 18, 2013
04/13
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CSPAN
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eye 127
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cutting spending in the tax code. then i think it also keeps promises to people, it to those that were part of their whole life and want nothing more than a secure retirement. and our veterans to whom we have made promises as the have donned the uniform and fought for the country. host: what about the issue of chain cpi? guest: i start with the very basic notion that social security has not contributed one penny to the current deficit or debt. table in not be on the this part of discussion. similarly, to be concerned about the long-term solvency of so-so security. urity.ial sec retirement security is a real question mark for many americans. let's look at the real contributors to our deficit and debt as we try to tackle those challenges. and host: two final questions before we go to calls. this is another article from the hill. why were you left off the list of the 12 senators that went to dinner? iest: i have no idea, but have been very pleased with the president's increase -- increase out reach to the senate and a ho
cutting spending in the tax code. then i think it also keeps promises to people, it to those that were part of their whole life and want nothing more than a secure retirement. and our veterans to whom we have made promises as the have donned the uniform and fought for the country. host: what about the issue of chain cpi? guest: i start with the very basic notion that social security has not contributed one penny to the current deficit or debt. table in not be on the this part of discussion....
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Apr 21, 2013
04/13
by
KNTV
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eye 190
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com if we don't double the number of kids graduating from high school in the next 8 years, our country won't be able to compete globally. what uncle sam needs now are more good teachers. are you up for it? you can help kids graduate. the more you know. >>> what does it take to get a tech tax break from the city of san francisco? less than you might expect. san jose, tech museum of innovation, will reboot. plus, author po bronson ponders cheating. our reporters from central china television mark nu. the economist martin giles. this week on "press: here." good morning, everyone. i'm scott mcgrew. the organization joint venture silicon valley. in alliance of business and government changed the definition of silicon valley to include san francisco. a place that is not in any way, shape or form a valley. the change was ma
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com if we don't double the number of kids graduating from high school in the next 8 years, our country won't be able to compete globally. what uncle sam needs now are more good teachers. are you up for it? you can help kids...
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Apr 22, 2013
04/13
by
KICU
tv
eye 130
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brick and mortar stores contend the tax loophole gives online stores a price advantage. the ceo of yahoo is defending her decision to end the tech company's work from home policy. the controversy sparked in february when a yahoo memo revealed marissa mayer was insisting yahoo employees would work better in the office than home. last week at a conference in los angeles, mayer told a crowd her comments were wrongly perceived as an "industry narrative." she also clarified: people are more productive when they are alone, but more innovative when they are together. the "silver state" is facing a rising unemployment rate. nevada now has the highest unemployment rate in the nation at 9.7%. nevada, california and mississippi had been tied at 9.6% in february. california and mississippi have now dropped to 9.4%. the country's lowest rate is in north dakota at 3.3%. the government is warning senior citizens to be cautious of investment scams. many seniors have their retirement savings parked in low-interest places such as treasury bonds, which are barely keeping up with the rate o
brick and mortar stores contend the tax loophole gives online stores a price advantage. the ceo of yahoo is defending her decision to end the tech company's work from home policy. the controversy sparked in february when a yahoo memo revealed marissa mayer was insisting yahoo employees would work better in the office than home. last week at a conference in los angeles, mayer told a crowd her comments were wrongly perceived as an "industry narrative." she also clarified: people are...
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Apr 23, 2013
04/13
by
FOXNEWSW
tv
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we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very open process, so a few ways to improve the bill offer an amendment in may and let's vote on it. i say that particularly to those who are pointing to what happened, the terrible tragedy in boston as i would say an excuse for not doing a bill or delaying it many months or years. >> i never said that. >> i didn't say you did. >> i never said that. >> i didn't say you did, sir. i didn't say you did. i don't mean you mr. grassley. >> chairman i don't appreciate you demeaning the witnesses that are coming here. martha: tempers flaring at that hearing. i'm joined by bob b
we'll be right back. ♪ i'm the tax man, yeah, i'm the tax man. should 5% appear to small. ♪ martha: a top republican senator is now objecting to a claim that members of his party were using the boston terror attack as an excuse to delay immigration reform. this is an important hearing on this matter that is underway right now. meanwhile things got a little bit tense yesterday after democratic senator charles schumer made these comments, watch this exchange. >> the chairman has a very...
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93
Apr 24, 2013
04/13
by
CSPAN2
tv
eye 93
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they could now been on ice and suffers tax. we branch or resources to the problems and i've been really pleased that their attitude towards working with us and our attitude towards working with them. >> with regard to community banks that are not subject to the cfpb examination authority, what measures have you taken to ensure that sure roles are clearly interpreted? are there potential regulators doing their exams? does the cfpb continue the small entity compliance guides as has been done twice already? on the other mortgage rules. >> thank you, mr. chairman. i've got about three different answers to that question. on the small entity compliance guides, this is something we take seriously and we been told this over and over by small institutions in the trade associations that represent them like a cba and that means taking their rules, initially mentioned 2500 pages of rules issued in january. that's 2500 pages of taxpayers a lot of that is preamble, cost-benefit analysis. what a translator for several hundred pages of rules a
they could now been on ice and suffers tax. we branch or resources to the problems and i've been really pleased that their attitude towards working with us and our attitude towards working with them. >> with regard to community banks that are not subject to the cfpb examination authority, what measures have you taken to ensure that sure roles are clearly interpreted? are there potential regulators doing their exams? does the cfpb continue the small entity compliance guides as has been...
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146
Apr 18, 2013
04/13
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CSPAN
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eye 146
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we have a tax system dealing with international taxes, and our international tax system we tell people that if you are a business that's an american-owned business, and you do business in other parts of the world, you will pay their tax rate to that country, which is fair, but then when you bring your money back to the united states, you'll also have to pay the difference in our tax rate. we are the only country that does that. so we literally tell our businesses, do business all over the world, function all over the world, make money all over the world, but when you make money over there, we would encourage you to leave that money over there and not bring it back home. because if they bring it back home, they are actually punished for returning money back to the united states. now, what does that mean to american competition and how we actually function in our business world? what that means is if you are a german company doing business in the u.k., let's say, you pay the taxes for the u.k. and return your money back to headquarters. but if you are an american business doing business
we have a tax system dealing with international taxes, and our international tax system we tell people that if you are a business that's an american-owned business, and you do business in other parts of the world, you will pay their tax rate to that country, which is fair, but then when you bring your money back to the united states, you'll also have to pay the difference in our tax rate. we are the only country that does that. so we literally tell our businesses, do business all over the...
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Apr 23, 2013
04/13
by
FOXNEWSW
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eye 141
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all that tax-free internet shop could go be coming to an end. billions of extra dollars coming out of our pockets and going into state coffers. how are that i go go to do that? that's next. ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. ♪ from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. peoi go to angie's listt for to gauge whether or not the projects will be done in a timely fashion and within budget. angie's list members can tell you which provider is the best in town. you'll find reviews on everything from home repair to healthcare. now that we're expecting, i like the fact that i can go onto angie's list and look for pediatricians. the service providers that i've found on angie's list actually have blown me away. join today and find out why over 1 million members count on angie's list. angie's list -- reviews you can trust. >> shepard: a fox weather alert. the last thing folks in the midwest need is more rain but it's on the way. on the
all that tax-free internet shop could go be coming to an end. billions of extra dollars coming out of our pockets and going into state coffers. how are that i go go to do that? that's next. ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. ♪ from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. peoi go to angie's listt for to gauge whether or not the projects will be done in a timely fashion and...
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Apr 21, 2013
04/13
by
CSPAN
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eye 73
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we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how many in 20 years? two. where do the workers come from? 10,000 baby boomers are retiring a day. one day it will be john. john's mother is 101. everyone is living like john's mother. that is the good news. if we don't reform medicaid and medicare we're going to be greece. if you don't have a legal immigration system to supplement a declining population you're committing economic suicide. here's the key to bring people from all over the world not just the people who live next door. bring them in on your terms not theirs. to those who say we don't need legal immigration you're crazy. look at what is going on in america. we'r
we think we win with lower taxes, less government. we think we win. [laughter] let me just say -- right now a little straight talk. right now we're not competitive because this issue has to be resolved in the minds of our citizens who feel this is a vital, important issue that needs to be resolved. >> in 1955 when i was born how many workers were there for every person retiring in this country? 16. how many are there today? three. how many in 20 years? two. where do the workers come from?...
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Apr 22, 2013
04/13
by
KNTV
tv
eye 99
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com children can learn from anyone. that's true, but it takes exceptional talent to capture a student's curiosity. and inspire them to pursue their dreams. so be a teacher. our nation's future depends upon it... the more you know. >>> good monday morning, everyone. coming up on "early today," authorities believe the boston bombers had enough firepower and explosives to strike again. the captured bombing suspect is responding to questions from investigators. and formal charges expected to be filed today. >>> at least three dead as floods overwhelm sections of the midwest while hundreds rush with sandbags to elevate flood walls. >>> government spending cuts hit air traffic controllers with the real test of delays coming today. >>> actress reese witherspoon's bizarre confrontation with police over a dui. >>> and thousan
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com children can learn from anyone. that's true, but it takes exceptional talent to capture a student's curiosity. and inspire them to pursue their dreams. so be a teacher. our nation's future depends upon it... the more you...
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Apr 16, 2013
04/13
by
CSPAN2
tv
eye 101
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you know, this chamber has spent the last four months and even years before that debating issues like taxes, spending, and health care, but the number-one responsibility of the federal government is to keep the american people safe and secure. our response to this attack must be firm and unequivocal. we must send a clear message that we will never compromise our value or our freedom in the face of terrorist violence. we must stay on the offensive against the enemies of civilization and remain vigilant in our day-to-day lives. the victims of boston deserve nothing less. madam president, i yield the floor. and i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: quorum call: the presiding officer: the senator from iowa. mr. grassley: i ask that the calling of the quorum be suspended. the presiding officer: without objection. under the previous order, the senate will resume consideration of s. 649, which the clerk will report. the clerk: s. 649, a bill to ensure that all individuals who should be prohibited from buying a firearm are
you know, this chamber has spent the last four months and even years before that debating issues like taxes, spending, and health care, but the number-one responsibility of the federal government is to keep the american people safe and secure. our response to this attack must be firm and unequivocal. we must send a clear message that we will never compromise our value or our freedom in the face of terrorist violence. we must stay on the offensive against the enemies of civilization and remain...
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Apr 17, 2013
04/13
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CSPAN2
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eye 73
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>> we propose the past reform be done in overall tax reform in the overall tax reform is to fill a gap we have to get our fiscal house in order. $580 billion of additional revenue. the business pcs that should be done in the way we broaden the base and lower the rates so america can be more competitive. the overall tax package will have to raise revenue. >> we agree the first thing he said, which is lower rates, broaden the base and you don't specify how to pay to register base broadening to determine through tax reform. >> would've had a number of indicative provisions, that there'll have to be others in the business of broadening the base will require bipartisan consensus because each of the provisions we consider base broadening has zealous advocates saying they needed desperately. >> the point i'm trying to make a sum of it's been critical of our proposals to lower the rate. it sounds like you're basically do the same thing but on the corporate rate. the point is it's tough to do. a lot of zealous advocates to certain tax expenditures and we need to do this are brought face tax ref
>> we propose the past reform be done in overall tax reform in the overall tax reform is to fill a gap we have to get our fiscal house in order. $580 billion of additional revenue. the business pcs that should be done in the way we broaden the base and lower the rates so america can be more competitive. the overall tax package will have to raise revenue. >> we agree the first thing he said, which is lower rates, broaden the base and you don't specify how to pay to register base...
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Apr 17, 2013
04/13
by
KICU
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eye 91
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one is you just want to separate out for taxes, for keeping your books straight, and to prove that you are really running a business by keeping it separated. the other is there is a dirty secret around personal credit and business credit. - so using your credit card to pay your business expenses. - and a lot of companies have to do it. it's very natural that you'd want to do that. but every time you max out your credit cards over the holiday season to get inventory, you are lowering your personal credit score, and that is making it harder for you to get business credit in the future. so it is important, as soon as you can, to separate those out. - you make the point of, you need to beg and borrow. what do you mean by that? - sometimes you need to beg and borrow. everybody knows, you might need to go to your uncle or someone in your family to help you start your business. but it is important to document when you do that, so you can invite them back to thanksgiving dinner. know if they are buying a part of your company, know your plan to repay them. know if it is just debt and you are go
one is you just want to separate out for taxes, for keeping your books straight, and to prove that you are really running a business by keeping it separated. the other is there is a dirty secret around personal credit and business credit. - so using your credit card to pay your business expenses. - and a lot of companies have to do it. it's very natural that you'd want to do that. but every time you max out your credit cards over the holiday season to get inventory, you are lowering your...
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Apr 23, 2013
04/13
by
FOXNEWSW
tv
eye 209
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tax brackets. as for the high ir income earners he would have the average person earning 200,000 and 500,000 a year pay more than 2200 more a year while millionaires would pay more than 82,000 more on average. keep in mind those same people were already hit by an income tax increase at the beginning of the year. you can find that study on tax policy.org. >>> image going to the circus and having this happen. >> wait until you hear from the woman who found the tiger in the bathroom. no, this is not a spoof on the movie "the hangover." :t on cable. then i read about it online. i found out how to help. i downloaded the info. i spoke up... and told my friends... and they told their friends... and together, we made a difference. anncr: and tornado relief has been pouring in from... across the country. girl: we might be hundreds of miles apart... but because we're connected, it's like we're all neighbors. >> two minutes till the top of the hour. before you leave the house, here's what's happening. the sen
tax brackets. as for the high ir income earners he would have the average person earning 200,000 and 500,000 a year pay more than 2200 more a year while millionaires would pay more than 82,000 more on average. keep in mind those same people were already hit by an income tax increase at the beginning of the year. you can find that study on tax policy.org. >>> image going to the circus and having this happen. >> wait until you hear from the woman who found the tiger in the...
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Apr 18, 2013
04/13
by
KICU
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eye 98
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the governor of massachuettes is asking for vounteers to donate blood, and the irs extended the tax deadline to july 15th for taxpayers in massachusetts and others involved in the tragedy. meanwhile, in washingto, a scare wednesday as mail screeners intercepted a suspicious letter sent to president obama one day after a similar letter potentially laced with poison was detected before it reached mississippi senator roger wicker. but it's the president's speech last evening from the white house rose garden that's also generating interest today. using strong language, he lashed out at gun lobby groups for causing the failure of a senate vote to expand background checks. the president adds polls show roughly 90% of americans support better background checks. the nra calls the bill "misguided." investors are buying shares of a supermarket stock by the cartload. fairway market, a popular grocery chain, opened for trade on the nasdaq yesterday. even as the nasdaq dropped 60 points, the fairway ipo popped 33%. fairway shares priced in at $13 and closed at $17.35. the company is raising money to open
the governor of massachuettes is asking for vounteers to donate blood, and the irs extended the tax deadline to july 15th for taxpayers in massachusetts and others involved in the tragedy. meanwhile, in washingto, a scare wednesday as mail screeners intercepted a suspicious letter sent to president obama one day after a similar letter potentially laced with poison was detected before it reached mississippi senator roger wicker. but it's the president's speech last evening from the white house...
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Apr 18, 2013
04/13
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MSNBCW
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eye 71
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase every day. told you i'd get half. what's in your wallet? >>> more reaction now on the gun control debate. yesterday the prot scolded democrats for blocking. but he also voiced his disappointment at a handful of fellow democrats who also voted against the measure. our first reads team reports today. politics and the 2
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash...
60
60
Apr 24, 2013
04/13
by
CSPAN2
tv
eye 60
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people want to know how do they pay their taxes, how do they join the military? how do they start a business. they want to be fully functioning member of the community. >> thank you. senator grassley. >> my understanding of the bill, so far, is that undocumented immigrants will get every opportunity to apply for legalization and will have more opportunities if the bill were to pass to appeal the decisions that the homeland security officials make. would you discuss that part of the bill, please? >> the bill permits those in deportation proceedings to apply for the amnesty. people who have already been deported, at least those deported over the last year and a half certain ones to apply for the amnesty. if they are turned down initially because of some inadequate documents, they're allowed second bite at the apple. so in this, you know, i don't mean to be flip about it, but this section could have been sub headed knowingly left mind. the goal seems to be to get as many -- get amnesty for as many people as physically possibly. >> okay, mr. kobach, i'm going quote a
people want to know how do they pay their taxes, how do they join the military? how do they start a business. they want to be fully functioning member of the community. >> thank you. senator grassley. >> my understanding of the bill, so far, is that undocumented immigrants will get every opportunity to apply for legalization and will have more opportunities if the bill were to pass to appeal the decisions that the homeland security officials make. would you discuss that part of the...
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87
Apr 22, 2013
04/13
by
FBC
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eye 87
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that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> good morning, everyone, sorry to tell you this, but here comes maximum pain. air travelers, listen up. your chances of a flight delay just went up. those furloughs are in place for air traffic contollers, they've got to take one day off every two weeks. ra ray lahood, the same may that told us to drive toyotas, he said they're unavoidable. sequester cuts are here and the
that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures...
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59
Apr 23, 2013
04/13
by
FBC
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eye 59
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to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25% pre-market and offered a month free with "house of cards" as the bait and people liked it, big jump in subscribers, almost as many pay for netflix as h.b.o. that means streaming arrived. and apple likely be to be the stock of the day along with netflix and earnings later. tim cook, pressure on him. apple hasn't had a break through since he took over and the entire financial team is on scrutiny. four apple executives are among the top paid of all 500 top company ceo's, get between 68 and 85 million dollars a year. a lot more than tim coo
to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25%...
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127
Apr 24, 2013
04/13
by
CNBC
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eye 127
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i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly, larry, in washington, much of the economics profession as well does not understand that investment is the mother's milk of pros period of time. without investment, you don't get a higher standard of link. trying to put caps on capitalization is ridiculous. we should be moving back through the flat tax or other reforms and in terms of what the president proposed on 401 ks, larry, you know and i know that's the beginning. first of all, they lied no us about social security, they are double taxed. we were told they would not be taxed when we were retired. they've moved back on that promi
i would much rather see a full tax report of a low rate, flat tax. get rid of all this garbage and nonsense. >> ah! >> have one low rate which jerry brown proposed in 1982 and be done with all these other problems. >> we double tax investment and savings. why don't we just tax consumption. in other words, investment savings is the seed core of the whole country. that's why new jobs, new income. why would we want to tax savings, much less double and triple tax? >> sadly,...
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Apr 21, 2013
04/13
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CNNW
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> a second wave of people who live near the site of the massive explosion at a fertilizer plant in the town of west, texas were allowed to return home today. residents who were lucky enough to still have homes began returning yesterday. wednesday's explosion flattened the north side of the small farming town heavily damaging a nursing home, schools and neighborhoods. new evidence in the investigation is now surfacing and cnn's miguel marquez has that. mi miguel? >> reporter: don, for the first time we are hearing the 911 tapes from this terrible tragedy in west. a couple of clips we want to play for you give you a sense of just how horrific the scene was that night. >>
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> a second wave of people who live near the site of the massive...
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83
Apr 22, 2013
04/13
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CSPAN
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tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some of which are the oil and gas company tax breaks. host: from twitter -- go to jackson, tenn. on our independent line. ofler: i have a couple comments and a question. the revenue the government is taking in is the lowest in six years. from this information cspan. the corporations -- it gets so tiresome hearing people talk about a high tax rate for corporations in the united states when, in effect, they are paying around 12% effective tax rate. of them pay no taxes. to the oil companies, a few moments ago, y
tax codes? currentreduce the rate tax rate from 35 percent down to 28% and reduce these tax breaks, the ones we have been talking about today. or expenditures, what ever you want to call them, in 2011, cost the u.s. government $1.10 trillion in forgone federal revenue. about 85% of that was for individual tax expenditures. these are things that we're familiar with -- the mortgage interest rate deduction or the donations.relatedchit only 20% of that or so was for corporate tax expenditures, some...
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97
Apr 17, 2013
04/13
by
CSPAN
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eye 97
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tax code. the united states has the highest corporate tax rate in the world. simply filing our tax code and closing loopholes for everyone will help create an environment that encourages job growth and increases wages. the ryan budget is based on such reforms. these reforms can help get americans back to work. mr. stivers: i yield back the balance of my time. thank you, mr. speaker. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> unanimous consent to address the house for one minute. revise and extend my remarks. the speaker pro tempore: without objection, the gentleman from california is recognized for one minute. mr. kosta: thank you -- mr. costa: thank you, mr. speaker. on monday in boston we were reminded how vulnerable we all are as americans and how important it is that we stay together. today i rise to recognize the merced community violence intervention and prevention task force. this hardworking organization in the a joaquin valley i re
tax code. the united states has the highest corporate tax rate in the world. simply filing our tax code and closing loopholes for everyone will help create an environment that encourages job growth and increases wages. the ryan budget is based on such reforms. these reforms can help get americans back to work. mr. stivers: i yield back the balance of my time. thank you, mr. speaker. the speaker pro tempore: for what purpose does the gentleman from california seek recognition? >> unanimous...
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69
Apr 18, 2013
04/13
by
CSPAN
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hultgren: back in 1900 tax freedom day was january 22. when taxes amounted to 5.9% of a person's income. today that figure has grown to 29.4%. we have come a long way in the last past century digging deeper and deeper into the pockets of hardworking men and women in america and digging ourselves deeper in debt in the process. this -- the tax reform component of the budget this house passed in march, would take a major step forward. allowing families to keep more of their money they earn and making government more accountable. let's finish the job this year. i yield back. the speaker pro tempore: the gentleman yield back. for what purpose does the gentlewoman from connecticut seek recognition? ms. delauro: unanimous consent to address the house for one minute. revise and extend. the speaker pro tempore: without objection, the gentlewoman is recognized for one minute. miss ms. esty: i have had the honor of getting to know many families in newtown. they live with grief so deep any mother or father can only imagine. i was honored to be with b
hultgren: back in 1900 tax freedom day was january 22. when taxes amounted to 5.9% of a person's income. today that figure has grown to 29.4%. we have come a long way in the last past century digging deeper and deeper into the pockets of hardworking men and women in america and digging ourselves deeper in debt in the process. this -- the tax reform component of the budget this house passed in march, would take a major step forward. allowing families to keep more of their money they earn and...
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91
Apr 24, 2013
04/13
by
MSNBCW
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basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if you have less than $1 million in revenue you are not affected by this. small businesses are split on this. depends who you compete against. if you are a small business doing a lot of sales on the internet and people don't have to pay sales tax, then that's an advantage to you, right? you can be cheaper than walking down the street and buying from a big box store. on the flip side, if you're a small business and you're doing most of your business in your state, then suddenly you're at a disadvantage because someone can buy something online from somebody else and not pay taxes. >> there's an additional concer
basically if you are in a state where the store isn't, you'll have to pay online taxes. you're in north carolina, you buy from an online store that's based in north carolina, you have to pay taxes. if you are in another state and you buy from that store, technically you're supposed to pay taxes but they don't have to collect them. >> nobody does it? >> nobody does it. >> not all small businesses would be affected by this law, right? a lot of them are upset. why? >> if...